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Cyprus Property Market Growth Expected To Slow In 2025, Survey Finds

The Cypriot property market is expected to experience a slowdown in growth in 2025, following its post-pandemic surge, as new challenges emerge that require strategic adjustments. A recent industry survey highlights that while moderate growth is forecast over the next two years, various external factors, including regional conflicts, will require careful management.

Forecast For The Coming Years

High interest rates, which have been a significant challenge in recent months, are expected to decline, as pledged by Cypriot banks. Meanwhile, stabilising demand and the completion of planned construction projects are expected to offset negative impacts from external events. These factors contribute to a cautiously optimistic outlook for the market.

Survey Insights: Market Sentiment And Expectations

A survey involving 300 participants from construction companies, real estate agencies, and banking institutions reveals that market sentiment remains generally positive or stable. Specifically, 46 per cent of respondents view current market conditions as either ‘positive’ or ‘very positive,’ while 37 per cent see them as ‘stable.’ Only 17 per cent of participants view the market negatively, with no respondents rating conditions as “very negative.”

Outlook For 2025: Optimism With Caution

Looking towards 2025, the outlook remains mixed but cautiously optimistic. One-third (33 per cent) of respondents express optimism about the market’s prospects for the coming year, while 43 per cent expect conditions to remain stable. However, 24 per cent expressed some degree of pessimism, although none described their outlook as “very pessimistic.”

TikTok Returns To US App Stores 

TikTok is once again available for download in the Apple and Google app stores in the US, following a delay in the enforcement of its ban by former President Donald Trump. The ban’s postponement until April 5 gives the administration additional time to evaluate the situation.

Key Developments

The decision to restore TikTok access came after Google and Apple received reassurances from the Trump administration that they would not face legal consequences for reinstating the Chinese-owned app. According to Bloomberg, US Attorney General Pam Bondi sent a letter outlining these guarantees.

In an executive order signed on January 20, Trump instructed the attorney general not to take enforcement action for 75 days, providing time for his administration to determine how to proceed.

Uncertain Future For TikTok In The US

While TikTok is back on the US app stores, its long-term survival remains uncertain. If no deal is reached by early April to address national security concerns, the app may face another shutdown. ByteDance, the parent company, has insisted that TikTok is not for sale.

Legislation And Pressure On ByteDance

The Protecting Americans from Foreign Enemy-Controlled Apps Act, which passed with bipartisan support in Congress, mandates a nationwide ban on TikTok unless ByteDance sells its US operations. This law was signed by President Joe Biden in April of last year.

In late January, the app was briefly removed from US stores following the ban’s activation, impacting over 170 million American users. However, TikTok was restored soon after, following Trump’s intervention in his first hours as president. During that time, he signed an executive order allowing 75 days for a deal that would safeguard national security. Trump also suggested that the US could take a 50% stake in TikTok, a move he believed would keep the app “in good hands.”

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